he says president obama needs to appoint people to his cabinet who will have the trust of both parties. but the nomination will go through the senate financial services committee. chairman, democrat max baucus says, quote, jack lew has the most experience and i look forward to a speedy but for a nomination process. no word yet on when the nomination will take place. >> back in the hay day of the private student lending market, puget you saw a lot of families who were not necessarily going to the for-profit colleges. their student was going to say music school. i wrote an article about a gardener who sent his son to college, the first in the family to go to college. the dad made about $21,000 a year, that's family income, and he was able to borrow six figures from a private student lender for his son. there just was no underwriting. and this lender by the way settled with the attorney general's office because i don't know if you remember, it was called the preferred lender list where they were in some cases accused of paying the schools for the treatment and for them to sort of sevier s